1403 Electric AveBuffaloNY14218
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Buffalo at 1403 Electric Ave, Buffalo, NY, 14218 earns $732/mo cash flow from $2,268/mo rent with a $1,126/mo payment. Total monthly income totals $2,268/mo, and annual cash flow totals $8,782/yr on $76,245 capital. ROI tracks 31.43% on current figures, and rental yield reads 11.83% at a $230,000 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 over five years. Five-year ROI reaches 165.27% and total cumulative return in cash sums $126,007. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,268/mo property income instead of your personal income.
Multi Family
Built in 1918
3,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 14218, Buffalo, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,985 (100%) |
| Owner Occupied HU | 4,770 (47.8%) |
| Renter Occupied HU | 4,322 (43.3%) |
| Vacant Housing Units | 893 ( 8.9%) |
| Median Home Value | $172,099 |
| Average Home Value | $247,349 |
Housing Distribution
Address Breakdown
Residential
8,218
Single Family
7,214
Multi-Family
1,004
Businesses
438
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